El Salvador has received regulatory approval for its Volcano Bitcoin bonds, which aim to raise $1 billion from investors. These bonds are supported by the country’s Bitcoin mining industry, which utilizes renewable volcanic energy. The funds raised will be used to construct the highly anticipated “Bitcoin City.”The bonds are set to be issued in the […]
Nasdaq, the largest stock exchange in the US, has decided to repurpose its blockchain technology developments after discontinuing its plans to launch a custodian business for digital assets due to regulatory concerns. Despite this setback, Nasdaq remains focused on expanding its technology services related to tokenized assets.The new strategy for Nasdaq involves using its blockchain […]
The upcoming United Nations Climate Change Conference, COP28, in Dubai is set to address the goals of the Paris Agreement and accelerate progress towards achieving them. Christopher Greenwald, Head of Sustainable Investing at LGT, a global private bank based in Liechtenstein, believes that discussions at the conference will emphasize the need for sustainability and inclusivity […]
Lombard Odier, the Geneva-based private bank, has hired Nannette Hechler-Fayd’herbe, a former research leader at Credit Suisse. She will be working for her former boss, Michael Strobaek, as the Head of Investment Strategy, Sustainability, and Research, as well as the Chief Investment Officer (CIO) for Europe, the Middle East, and Africa (EMEA) at Lombard Odier. […]
Nasdaq, the largest stock exchange in the US, has decided to repurpose its blockchain technology developments after discontinuing its plans to launch a custodian business for digital assets due to regulatory concerns. Despite this setback, Nasdaq remains focused on expanding its technology services related to tokenized assets.The new strategy for Nasdaq involves using its blockchain […]
El Salvador has received regulatory approval for its Volcano Bitcoin bonds, which aim to raise $1 billion from investors. These bonds are supported by the country’s Bitcoin mining industry, which utilizes renewable volcanic energy. The funds raised will be used to construct the highly anticipated “Bitcoin City.”The bonds are set to be issued in the […]
El Salvador is set to make history early next year by issuing its long-anticipated Bitcoin bonds. These bonds, first announced in 2021, will raise funds to establish the world’s largest green Bitcoin mining operation. The country’s president, Nayib Bukele, tweeted a hint about the impending announcement, and the National Bitcoin Office confirmed that the volcano […]
Dubai’s Virtual Assets Regulatory Authority (VARA) has granted a conditional license to Enjinstarter’s AYA platform for offering crypto asset and investment services. The license is subject to certain conditions that need to be fulfilled before the platform can commence its services. Once all the requirements set by VARA are met, the platform will undergo regulatory […]
The Ministry of Finance in Palau has declared the first phase of the Palau Stablecoin (PSC) Program a success. The program, which aimed to introduce a national stablecoin pegged to the US dollar, involved the participation of Ripple and the use of the XRP Ledger central bank digital currency (CBDC) platform.During the three-month project, 168 […]
The Ministry of Finance in Palau has declared the first phase of the Palau Stablecoin (PSC) Program a success. The program, which aimed to introduce a national stablecoin pegged to the US dollar, involved the participation of Ripple and the use of the XRP Ledger central bank digital currency (CBDC) platform.During the three-month project, 168 […]
